Parker Douglas Michael 4
4 · CELESTICA INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Celestica (CLS) CLO Douglas Parker Exercises RSUs, Sells Shares
What Happened
- Douglas Parker, Chief Legal Officer of Celestica (CLS), had RSUs vest on Feb 4, 2026. A total of 2,042 shares were issued on conversion (1,159 + 883). Of those, 1,094 shares were withheld to satisfy tax obligations (621 withheld at ~$286.80; 473 withheld at ~$283.51) and 948 shares were sold in the open market (538 sold at ~$286.80 for $154,298; 410 sold at ~$283.51 for $116,239). Combined proceeds and tax withholdings equal about $582,740.
Key Details
- Transaction date: February 4, 2026; Form 4 filed Feb 6, 2026 (timely).
- Prices reported (USD): $286.80 and $283.51 (some prices were converted from CAD to USD per filing).
- Shares issued on conversion (RSU settlement): 2,042 (1,159 and 883).
- Shares withheld for taxes: 1,094 (621 + 473) — tax withholding payments totaling ~$312,203.
- Shares sold in open market: 948 (538 + 410) — sale proceeds totaling ~$270,537.
- Shares owned after transaction: not specified in the summary data provided (see the full Form 4 for post-transaction holdings).
- Relevant footnotes from the filing:
- F1: Shares withheld to satisfy tax withholding on RSU vesting.
- F2: Some prices converted from Canadian dollars to U.S. dollars.
- F3: Each RSU represents the right to one common share or cash equivalent.
- F4/F5: Grants dated Feb 4, 2025 (2,317 RSUs vesting partly Feb 4, 2026/2027) and another grant of 2,648 RSUs with a multi-year vesting schedule — the vested shares here relate to those prior grants.
Context
- This was an RSU vesting event with a net share settlement: issued shares were used partly to satisfy withholding and the remainder sold in the open market. That pattern is a routine liquidity/tax event rather than an outright purchase by the insider. The reporting person is an officer (CLO), not a 10% owner. For full detail on holdings and precise filing language, consult the complete Form 4 (Accession 0001193125-26-041226).
Insider Transaction Report
Form 4
Parker Douglas Michael
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Shares
2026-02-04+1,159→ 1,159 total - Tax Payment
Common Shares
[F1][F2]2026-02-04$286.80/sh−621$178,103→ 538 total - Sale
Common Shares
[F2]2026-02-04$286.80/sh−538$154,298→ 0 total - Exercise/Conversion
Common Shares
2026-02-04+883→ 883 total - Tax Payment
Common Shares
[F1]2026-02-04$283.51/sh−473$134,100→ 410 total - Sale
Common Shares
2026-02-04$283.51/sh−410$116,239→ 0 total - Exercise/Conversion
Restricted Share Units
[F3][F4]2026-02-04−1,159→ 1,158 total→ Common Shares (1,159 underlying) - Exercise/Conversion
Restricted Share Units
[F3][F5]2026-02-04−883→ 1,765 total→ Common Shares (883 underlying)
Footnotes (5)
- [F1]Shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted share units ("RSUs").
- [F2]The price reported was converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate on the transaction date.
- [F3]Each RSU represents a contingent right to receive one common share or an equivalent value in cash.
- [F4]On February 4, 2025, the reporting person was granted 2,317 RSUs, which vest ratably over a two-year period on each of February 4, 2026 and February 4, 2027.
- [F5]On February 4, 2025, the reporting person was granted 2,648 RSUs, which vest ratably over a three-year period on each of the first and second anniversaries of the grant date and on December 1 following the second anniversary of the grant date.
Signature
/s/ Tracy Connelly McGilley, attorney-in-fact|2026-02-06